Episode 83 - Market Trends - November 2024

Steve Kaempf & Matt Lombardi gather together discuss our current Market Trends **Introduction and Halloween Greetings (00:00:00)** **Discussion on NAR Settlement (00:01:29)** **Chicago Agent Magazine Article (00:02:25)** **Industry Reactions to Changes (00:02:39)** **Increased Paperwork and Discussions (00:03:47)** **Long-Term Agents and Value (00:04:46)** **Settlement News (00:07:27)** **Brokerages Under $2 Billion (00:08:15)** **Exp's Settlement Contribution (00:10:09)** **New Lawsuit from Pennsylvania Broker (00:11:14)** **MLS Membership Controversy (00:12:54)** **NAR's Petition to the Supreme Court (00:14:03)** **T360 Opportunity Report (00:17:03)** **Opportunities in Real Estate (00:18:51)** **Best Practices for Agents (00:19:42)** **Fiduciary Responsibility (00:20:01)** **Enhancing Credibility (00:20:28)** **Industry Shakeout (00:21:24)** **Elevating Agent Roles (00:22:10)** **Role of AI in Real Estate (00:23:40)** **Commission Compression Challenges (00:26:32)** **Mergers in the Industry (00:27:09)** **Maximizing Team Strengths (00:27:36)** **Market Transparency and MLS Consolidation (00:29:08)** **NAR's Value Proposition (00:30:22)** **Leadership and Innovation in Real Estate (00:31:52)** **US Inflation Update (00:33:10)** **Mortgage Rates Trends (00:35:12)** **Market Trends Overview (00:36:27)** **Current Mortgage Rate Predictions (00:37:52)** **Real Estate Market Conditions (00:38:03)** **Existing Home Sales Data (00:39:16)** **Chicago Real Estate Market Update (00:40:51)** **Wisconsin Real Estate Trends (00:41:13)** **Upcoming Events Announcement (00:42:37)** **Interview Highlight with Wayne (00:43:39)** **CLE Event Details (00:45:20)** **Tax Appeals Program (00:45:30)** **Local Political Update (00:46:56)** **Sports Commentary (00:47:00)** **Closing Remarks (00:49:21)** People, Not Titles podcast is hosted by Steve Kaempf and is dedicated to lifting up professionals in the real estate and business community. Our inspiration is to highlight success principles of our colleagues. Our Success Series covers principles of success to help your thrive! IG - https://www.instagram.com/peoplenotti... FB - https://www.facebook.com/peoplenottitles Twitter - https://twitter.com/sjkaempf Spotify - https://open.spotify.com/show/1uu5kTv...